Sjóvá-Almennar tryggingar
SJOVA.IC
#6642
Rank
HK$3.87 B
Marketcap
HK$2.52
Share price
0.67%
Change (1 day)
34.24%
Change (1 year)
Categories

Operating Margin for Sjóvá-Almennar tryggingar (SJOVA.IC)

Operating Margin as of November 2024 (TTM): 12.18%

According to Sjóvá-Almennar tryggingar's latest financial reports and stock price the company's current Operating Margin is 12.18%. At the end of 2023 the company had an Operating Margin of 15.59%.

Operating Margin history for Sjóvá-Almennar tryggingar from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.59%43.13%
202210.89%-66.6%
202132.61%24.34%
202026.22%17.86%
201922.25%323.43%
20185.25%-54.96%
201711.67%-31.22%
201616.96%2818.33%
20150.58%-93.3%
20148.67%-42.18%
201314.99%-16.51%
201217.96%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.